Capitalism is a word that is looked upon by most people in the United States as a good thing. However, there are pros and cons to even positive words and in this blog post I will address some of those issues.
On the pros side, capitalism is the main reason why the standard of living in the US is higher than in most nations of the world. The biggest pro to capitalism is in it's ability to give anyone a chance to financial succeed, no matter where they come from in their heritage.
On the cons side, capitalism is not known for it's compassion toward people that cannot or will not keep up with fast changing times. The biggest con of capitalism is that many people get left behind and they would fall through the cracks of life without government assistance. I believe a good mix of capitalism and socialism works best.
Title: Pros/Cons Of Capitalism
Written: April 24, 2009
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